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European Union allows Denmark to bail out Roskilde Bank

In the latest global banking bailout, the European Union gave Denmark permission to rescue Roskilde Bank, which has been weakened by the subprime hous...

Business, DenmarkAugust 6, 2008
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Glitnir to announce Q2 financial results

Glitnir Bank will announce its financial results for the first half of 2008 on Friday 1st August. Larus Welding, CEO, will present Glitnir’s res...

Business, InternationalJuly 30, 2008
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Bankers reject claims that Iceland is in financial crisis

“Fears of a meltdown are vastly overblown“, wrote Hannes Gissurarson, professor of political theory at the University Iceland in the Wall Street Journ...

Business, IcelandApril 3, 2008
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Glitnir Bank in data management deal with Siperian

Glitnir announced yesterday that it has chosen a new master data management platform from Siperian to create a unified view of customers, products and...

Business, InternationalJanuary 10, 2008
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Consumer confidence in Iceland rose 1.4 percent in December

Reuters reports thtat Consumer confidence in Iceland is up 1.4 % in December from last month, but is down over 15 % from 2006. Figures from market res...

Business, IcelandDecember 22, 2007
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Nordic bank Glitnir unveils new UK website

Glitnir bank has unveiled a new website at www.glitnir.co.uk following rapid business growth at its London office. Glitnir’s London branch specialises...

Business, IcelandDecember 21, 2007
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